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Whether in Freezone or Mainland, Corporate Tax registration is must!

Email

info@bsauditing.com

Phone

+971 4 570 7357

Whatsapp

+971 52 322 6455

In-Country Value (ICV) Audit

Compliance with the regulations and, finance of an organization is the backbone of every business.

In-Country Value (ICV) Audit

An In-Country Value (ICV) audit is a thorough examination of a company’s commitment to maximizing the socioeconomic benefits and contributions it makes within the host country where it operates. The audit assesses the extent to which the company is creating value locally by analyzing various factors such as the employment of local labor, utilization of local goods and services, technology transfer, and overall economic impact. The objective is to ensure that the company aligns its operations with the economic development goals of the host country, fostering local employment opportunities, knowledge transfer, and economic diversification. ICV audits often involve scrutinizing contracts, financial records, and operational practices to measure compliance with local content requirements and ascertain the company’s efforts to build a sustainable and mutually beneficial relationship with the host community and economy.

Frequently Asked Questions

BSA is a full-service independent Audit, Accounting and Management Consultancy firm, providing the best in class services for Accounting and Bookkeeping, VAT/ Tax Consultancy, Audit and Assurance, Risk and Compliance advisory, CFO Services, Odoo ERP solutions, HR and Outsourcing services along with effective Business Consulting, Company Incorporation and Advisory services.
You can fill out the given callback forms available on each of the services pages on our website services , if you are interested in a specific service. You may also get in touch with our team through the contact details given on the website, and you will receive a callback or connection with a BSA representative, ready to fulfill your business needs. You can also email us at info@bsauditing.com or call us at +971 52 322 6455
BSA is the approved auditor in almost all of the free zones in Dubai and can provide services to all businesses operating within these zone: DMCC JAFZA DAFZA RAKEZ Hamriyah SAIF Zone

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